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20131203
20131203
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CSPAN 4
CSPAN2 3
SFGTV 3
MSNBCW 2
SFGTV2 2
CNBC 1
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English 22
Search Results 0 to 21 of about 22 (some duplicates have been removed)
MSNBC
Dec 3, 2013 2:00pm PST
deficit through chapter 9 bankruptcy. but as the court ruling showed, it was rushed into bankruptcy. governor schneider did not use bankruptcy as a last-ditch effort to save detroit. he used it as a first-ditch effort to make sure his buddies on wall street get paid first. the banks are at the front of the line, with their hand out, looking for the money that detroit generates. detroit is not broke. detroit generates nearly $2 billion in revenue in tax revenue every year. not only that, the governor had his eye on the pension fund, since he got into office. so, you know, for us, we pay taxes, because we want services. kevin orr does not understand how to deliver that service. he does not understand how to run a city. he understands how to take companies through bankruptcy. >> yeah. >> and if anybody thought that anything but bankruptcy was going to be the outcome when jones day and kevin orr is there, and then they hire all the consultants that come in from wall street, myers brinkerhoff gobbling up $5 million a month in tax revenue from the citizens of detroit and not putting a pol
SFGTV2
Dec 3, 2013 12:00pm PST
a structural budget deficit in the city, so we need to deal, of course, with the short-term balancing our budget in a way that does not decimate city services that people rely on, but also to address our long- term structural budget deficit, and that means implementing some budget reforms. smooth out our budget process so it is not a boom/bust kind of budget. reforming our pension system and retiree health care system so that they are stable. we do a decent job providing low-income housing. we do a terrible job providing housing for low or middle class and middle-class people, people who are working and paying taxes that we need to have here for a functioning economy, so i am looking for ways to try to fund that, particularly for essential employees like teachers, nurses, first responders. projects coming up in the city like the renovation of dolores park, which is a once in 50 years opportunity to define what the park is and what changes we want to make to it. that will be a very significant projects. [inaudible] when was the last time it rained? there are puddles. we elect our superviso
Al Jazeera America
Dec 3, 2013 12:00pm EST
deficit over time, we had an $18 billion overhang. and so we were never able to go out and increase revenue. so the only way we stayed alive quite frankly is through cuts. and we cut everything that we could, but unless there is more investment coming into the city, and a new stream of revenue, there was no way to -- i guess to fix the problem, so now with bankruptcy eminent, i think our debt off of our balance sheet would be less than it is today, and that is going to be a positive on a going forward basis. >>> the mayor of detroit responding to a federal judge's ruling that detroit can proceed with its bankruptcy filing. bisi onile-ere is live from detroit. what is the reaction there. >> as you can see me there is a group gathered. and you have been very outspoken through this whole or deal. were you disappointed by the judge's decision? >> we were very disappointed. he basically found that terminating the pensions is legal. >> reporter: a lot of people are worried right now because of the ruling that came down. >> we're continuing to pursue all of our options. we hope to negotiat
SFGTV
Dec 3, 2013 5:00am PST
the operating deficits nor does it solve all of the problems that have been identified. about $10 billion have been identified as a need for transportation. and this leaves a gap of 6.3 billion. the task force identified what we believe is required in terms of infrastructure and we'll be proposed some new revenue sources to fund a portion of that gap. so the three recommendations that will be brought forward from the task force is to invest in programs with the greatest impact to first maintain the current transportation system which we found in great disrepair and enhance the system and sfand -- expand the city system to meet new growth and also set to
SFGTV
Dec 3, 2013 6:00am PST
need to address the operating deficit we have with the level of service that we expect to deliver. so the next budget cycle is going to at least try to address some of those key pieces and we look forward to any support we can get to improve and increase the operating revenues to look at more increased for the transit system. i will close there and answer any questions that you may have. >> thank you, colleagues, any questions. single family -- it was pretty thorough. thank you for your presentation. okay. we have don james from parks and recreation. so don is going to discuss so parks and recreation priority projects. >> supervisors, capital director for the san francisco parks and recreation. i have a brief presentation today on the eastern plan for the open space. some of this was covered earlier by the city planning presentation. i think there is one fundamental commitment made as part of eastern neighborhoods. we would create four new open spaces and we are very well poised to follow through on that commitment. as noted in the earlier presentation 17 and folsom is a good example
SFGTV
Dec 3, 2013 6:30am PST
't support existing deficits. so there is a general capital planning needs that we have citywide that brian eluded to. what we are seeing right now from a development standpoint is consistent from what we expected in that needs analysis and that needs analysis is based on projected growth. what we saw was very little development at all and we got what is entitled or under review by the department or in some cases under construction of being built. we have a hot market now. the timing is an a little bit different than maybe we might have projected during the time of the adoption of the plans, but i would say over all, because the needs analysis is based on the development and the capacity identified in the zoning is more or less consistent. >> i just had that question to make sure we have an updated analysis of what the need is. do you know the percentage of the need overall is covered by the neighborhood fees. >> we have at that time that it would kov cover you have to 30 percent. >> 30 percent of the need is covered by the fees. where is the rest coming from? >> it's coming from other fun
SFGTV2
Dec 3, 2013 12:30pm PST
great district 11 really is. >> we are in our fifth year of major budget deficits. it is inevitable that we will make painful cuts. so how do we do it in a way that will minimize the impact on every day san franciscans? >> i really appreciate what you're doing here. you are a really patient gentleman, and i appreciate that. >> our parks are often cut first. how do we maintain our safety net, public health services, security services? all of these are critical decisions that have to be made. >> i have seen many people come forward today who i know whose lives have changed because of the services we are providing. that is something that we can be proud of and have a as a goal at the budget process to make sure that we can turn lives around and create a liveable communities. >> if we do not resolve the pension issue, we will have to cut. we will see fewer options for muni. we will see the parks deteriorate. i think the tide is rising. we have to figure out how to swim very quickly. when you have a drug or alcohol problem, your whole world stops making sense. you can get help for yourse
FOX News
Dec 2, 2013 7:00pm PST
the disaster. the ever growing government deficits, debt, doubling of people on welfare, what do you think in the privacy -- i know you spend time reading and you are a student of history. what do you think privately will happen to this country? >> i think -- hmm. i think that we are -- >> in trouble. >> yeah. i think we are in a situation that we will either rise and be our best sefls. i saw something over the weekend. 70% of americans don't trust each other. if that remains true, well, we become europe. we have to trust each other. we have to be our bet sefls. otherwise we breast cancer up and never come back. there is a good chance that with the mike lee and the ted cruz of the world we do to the republican party what happened to the wigs. there was no third party. there were 20 republicans. by 1860 they had a president elected. i think that can happen in a faster time because of the internet. the if people stick to their principles and the people of the country remain good and decent to each other. if we believe the things that we are playing "knockout" and fighting over a few extra bu
FOX News
Dec 3, 2013 1:00pm PST
are facing for all the talk of a budget deficit, we're facing an infrastructure deficit. and because we have just sort of run the gas tax trust fund down to where it's approaching zero, if we don't do something in the next ten months, we're going to face an inability to fund any transit funding next year, and the federal highway funding will drop 92%. >> what's happened to all the money we have already allocated, not only through the gas tax but states, municipalities and surcharges and -- where has that money gone. >> look around you and see in every community. we have had a dramatic reduction in the amount of money that has been available over the course of the last ten years. as i say, you haven't raised the gas tax in 20 years. >> but we have more gas revenue coming in because more people are driving and just demand -- >> that's not the case. >> is there a way to assure this in a lock box so it's intend for just that purpose? we do have a lot of other means by which we raise money to help our infrastructure, and our infrastructure still sucks. >> first of all, if you hadn't raised a fund
CSPAN
Dec 3, 2013 10:00am EST
's infrastructure deficit. roads, bridges, transit systems are all increasingly at risk. we are facing an inadequate state of repair, construction of new facilities are on hold and we are losing ground in meeting our own needs, let alone the challenges of global competition. yet, this challenge is an opportunity for some potential progress. we know what to do to meet this challenge. we can write a new transportation bill that will meet today's needs. it just needs more money. there is a vast coalition that supports additional resources for infrastructure. the so-called special interests that are so often at odds are remarkably aligned when it comes time to recognize and fix this problem. business, labor, professional groups, local government, environmentalists, truckers, bicyclists all agree. the paralysis that surrounds questions of raising taxes does not necessarily need to apply in this case. ronald reagan, after all, was willing to sign into law a five cent gasoline tax increase 31 years ago when a nickel a gallon was real money. a user fee is in fact a different category from a general tax incr
CSPAN
Dec 3, 2013 6:00pm EST
,000. >> so deficit or not or maybe especially if we have a national deficit. spending money on pell grants is red investment for our taxpayers. >> yeah. i was going correct you and say it's not spending. it's investment. you are correct. thank you. i appreciate the opportunity. the porps of moving as a nation away from a philosophy toward higher education i've lived importance of the degree. but of course the world has changed a lot in the last 40 years. i would say the federal financial aid system is one of the great success story in the history of the federal government. when our goal was access, we have provided access to higher education for people in the country. like never seen before. in a degree that us value. the income won't be higher. people are graduating with disagrees that make their income no higher. we now have to move from a system that provide access alone to one that incents success so making people's lives better. of course, while it's happening. costs have gone up too. people are now leaving if they don't get a degree most often would too argue they're literally worse
CSPAN
Dec 3, 2013 12:00am EST
. he faced the largest per capita deficit in the country. pointdebt of about three $5 billion. he did several terms of -- as mayor of stamford, connecticut. make 2012 the year of education in connecticut, he tackled a reform agenda in a state that has long been known for one of the nation's widest racial achievement gaps. the governor took the lead in passing one of the nations more dramatic education bills. act -- some of the required a new teacher evaluation pilot in which 45% will be based on student learning. the governor's package created a commissioners network similar to the recovery school district and we see hannah. it has the ability to take authority over 25 of the state's lowest performing schools. an increased charter school funding. the figure will go to 11,500 i fiscal 2015. -- 2015.cal 20 fiend you. is great to be with i appreciate the opportunity to speak about an issue that is very dear to my heart. i like to talk about what really needs to happen in the united states and put it into an appropriate context. we have been at the business of educating on a public basis
FOX Business
Dec 3, 2013 11:00am EST
is insolvent it is detroit. has been borrowing money and using deficit financing for years. this is not a bankruptcy like jefferson county, alabama which is a single transaction. this is a city that is structurally solvent meaning it spends more than has coming in and accumulated debt that it can't pay back. connell: this portion of it jeff was referencing, refused to go farther than people thought with regard to pensioners. they get no more favorable standing than other creditors do. jeff says that could have implications for other places. >> it could have implications but those places have to be in bankruptcy. at this point you have two dozen states where state court rulings or constitutions protect pensions, not only what you already earned but anything you might turn going forward which is far greater protection than anyone has in the private sector.% so you still have to be in bankruptcy for this to apply and right now we don't have a lot of cities tumbling into bankruptcy. dagen: will it encourage them and push municipalities toward this? >> it is a very interesting s
CSPAN
Dec 3, 2013 2:00am EST
with the largest per capita deficit representing 17% of total revenue, and i had to go in a different direction. actually realizing our gap was too big to cut our way out of it. i went on the road and got heat up. someone had to go on -- got beat up. someone had to go on the road. mad atere a lot of evil me. a lot of folks spending a lot of money to try to defeat the organized effort at school reform, even though they supported certain aspect of it. they might carve out a corner they like, but it was a total picture. someone has to have the discussion. someone has to bring the discussion to the community. demonstrate you mean business. we want to work with them, but we need to change direction. -- failing to properly educate the kids. those are some of the largest school district. you cannot succeed when you are doing that. when you look at connecticut demographically as one of the more rapidly aging states, you are throwing away your opportunities. someone had to say that. i felt that was my job as governor. the lieutenant governor was by my side during those times. someone had to make it ok t
CNBC
Dec 2, 2013 7:00pm EST
prappreciate it very mu. thanks for watching. it's the moral and religious and spiritual deficit we have to work on. but let's not damage the economy in the process. i'm kudlow. we'll have more on this later. '. that's correct. cause i'm really nervous about getting trapped. why's that? uh, mark? go get help! i have my reasons. look, you don't have to feel trapped with our raise your rate cd. if our rate on this cd goes up, yours can too. oh that sounds nice. don't feel trapped with the ally raise your rate cd. ally bank. your money needs an ally. the american dream is of a better future, a confident retirement. those dreams, there's just no way we're going to let them die. ♪ like they helped millions of others. by listening. planning. working one on one. that's what ameriprise financial does. that's what they can do with you. that's how ameriprise puts more within reach. ♪ if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is... 3 million homes. by 2030, investments in e
FOX News
Dec 3, 2013 2:00pm PST
? this is a massive trillion dollar bailout. >> he said it wouldn't add a dollar to the deficit. the insurance companies knew they would get this. bob, that's why i don't buy when anyone says it will collapse on its own weight, there will be a death spiral. no there won't, because they'll continue to pump money to support it. >> there was a tragic train wreck in new york and the conductor -- the driver lost his insurance because of obama care. and so i think, frankly, that there's a lot of things happening in america today that the problems over obama care. the weather, i mean, everything, it's going terrible. >> are you kidding me? >> the fact of the matter is that the thing is starting to work better and better. why go to the democrats with the proposal? the democrats have to run on it. they know they can't run against it. they voted for the thing. if this earpiece tweets one more time -- so they can't go up there and try to get around it. so they have to run on it. >> what about the bailout for the insurance companies? >> i would bail the insurance companies out if they were drowning in --
MSNBC
Dec 3, 2013 8:00am PST
in the office. there was a $330 million accumulated deficit over time. we had $18 billion overhang. so we were never able to go out and increase revenue. so the only way that we stayed alive, quite frankly, is through cuts. you know, we cut everything that we could. unless there is more investment coming into the city and a new stream of revenue, there was no way to fix the problem. so now with bankruptcy imminent, i think debt off of the balance sheet would be less than it is today and that's going to be a positive on a going forward basis. >> a lot to go around, any particular issue or person? >> i don't look at blame as anything that's going to be helpful at this point in time. i want to concentrate on the glass being half full as opposed to half empty and say all of us, those of us who live in the city, who work in the city, who care about this, need to come to the table to see what positive impetus we can bring with us. >> any plans to do anything to step up the collection of property taxes to bring in more revenue to the city? >> property taxes are being collected as we speak. i think it
CSPAN
Dec 2, 2013 10:00pm EST
taking office, he faced a largest per capita deficit in the country. total debt of about $3.5 billion. before taking office, he did several terms as mayor of stanford, connecticut from 1995 to 2009. and what's particularly relevant today for this conversation is promising to make 2012 the year of education in connecticut. he tackled reform agenda and a state long been known for one of the nation's widest racial achievement gaps. and the governor took the lead of passing one of the nation's more dramatic education bills signed in maif of 2012. it was public act 12116 and act concerning education reform. some of the packages most significant features required a new teacher evaluation pilot in which 5% of the evaluation will be based on student learning. the governor's package created a commissioner's networking similar to the recovery school direct in louisiana. which is the ability to take authority over 25 of the state's lowest performing schools to date. 11 have been entered to the networking. and increased per pupil charter school funding to $10,500 in fiscal 2013. it will go to $11
CSPAN
Dec 3, 2013 12:00am EST
-capita deficit representing 17% of total revenue and therefore i had to go in a different direction. when a lot of states were saying we have to cut, realizing that our gap was too big to cut her way out of it and too big to tax her way out of it and had to be a combination of two. someone had to explain what we are trying to do and when it came to education i did that as well. there were a lot of people mad at me and a lot of folks betting a lot of money to try to defeat and organized efforts even though they supported certain aspects of it. it was the total picture they didn't want to see and it might carve out a corner that they like but that was the total picture. somebody has to have the discussion. someone has to have that discussion with the communities and someone has to demonstrate to members of the legislature that you want to work with him and get their input that we need to change directions. go back to hartford new haven ridge ford new london new britain failing to properly educate 40% of their kids. those are some the largest school districts. you can't succeed as a state when you
CSPAN
Dec 3, 2013 7:00am EST
deficit. that has gotten lost in this discussion, the massive debt continues to not shrink and continues to pile up for future generations. host: would you support it, short-term deal for congressional resolution? guest: it would depend on what is in it. i think most conservatives would say, we have to do something about obamacare. we have to show the american people would think it is not working. perhaps that would be not allowing the sixth in the medicaid funding to continue to be sent generally to blue states. if we can maintain the sequester level the that is a minor victory. you mentioned the shut down. would you support that prospect if it came up again? guest: i didn't support the last one. there's no bill of a shutdown. when the president and senator reid said, give me everything i want or we will show the government down, we passed 14 bills while the senate has none. i think we blinked but it did draw attention to the failures of obamacare and the fact the president and the democrats -- they own obamacare. that is not the republican of the -- that is not the fault of the republi
FOX News
Dec 3, 2013 3:00am PST
to cut the deficit in half. not true. remember it was about two weeks ago, three weeks ago where the white house said we're going to have this technical -- we're going to have a tech surge to fix this website. you know what? according to "the new york times," you know how many people were in the tech surge? >> how many? >> six. six people in the tech surge. it really was kind of a p.r. stunt. >> unfortunately it's on the backs. american people. they are 5% roughly, of the 7 million enrolled, they need to have 7 million enrolled to pay for this program, so why tell the truth when the lie will get them there? >> only 15%, they are still behind. >> we'll keep you posted on all that. in the meantime, good morning. heather nauert. >> peter, nice to see you. got news to bring you. we begin with a fox news alert. an update on that deadly train derailment in new york. investigators say that train was going 82 miles per hour in a 30 mile per hour zone, this happening early sunday morning. all seven cars jumped the tracks killing four people and injuring dozens of others. the engineer has
Search Results 0 to 21 of about 22 (some duplicates have been removed)